January 20, 2021 Terry’s Tips Trade Alert - Wiley Wolf Portfolio

With MSFT up more than 2% this morning, we need to raise delta:

BTC 2 MSFT 22Jan21 210 puts (MSFT210122P210) 
STO 2 MSFT 29Jan21 220 puts (MSFT210129P220) for a credit of $3.25 (selling a diagonal) (100%)

BTO 1 MSFT 19Mar21 220 put (MSFT210319P220) 
STC 1 MSFT 19Mar21 200 put (MSFT210319P200) for a debit of $5.85 (buying a vertical) (100%)

BTC 2 MSFT 22Jan21 215 calls (MSFT210122C215) 
STO 2 MSFT 29Jan21 222.5 calls (MSFT210122C222.5) for a debit of $3.20 (selling a diagonal) (100%)

BTO 1 MSFT 19Mar21 225 call (MSFT210319C225) 
STC 1 MSFT 19Mar21 210 call (MSFT210319C210) for a credit of $8.80 (selling a vertical) (50%)

BTC 2 MSFT 22Jan21 212.5 puts (MSFT210122P212.5) 
STO 2 MSFT 29Jan21 217.5 puts (MSFT210129P217.5) for a credit of $2.35 (selling a diagonal) (100%)

BTO 1 MSFT 19Mar21 220 put (MSFT210319P220) 
STC 1 MSFT 19Mar21 205 put (MSFT210319P205) for a debit of $4.95 (buying a vertical) (100%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry